SOLUTION: Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose tha
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Question 878449: Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose that, from a population of 60 bank accounts, we want to take a random sample of nine accounts in order to learn about the population. How many different random samples of nine accounts are possible?
(read "n choose k") is the number of combinations of things taken at a time and is calculated by
You need to calculate
You need a BIG calculator, or do the arithmetic in a spreadsheet. If this were a number of dollars, the answer is on the order of magnitude of the national debt.
John
My calculator said it, I believe it, that settles it
